What’s Next On Interest Rates

Everyone is always asking about interest rates, where will they go and how high…interest rates over the next l8 months will probably rise gradually with the l0-year Treasury yield, reaching 3.7 to 4.0 by the end of 2014 and 4.7 percent by the end of 2015.  That may seem like a big increase but remember that before this recession, 4 percent to 5 percent interest rates were the norm.  As long as the rate increases are gradual, the market will be able to digest them.

English: Gonorrhea — Rates: United States, 194...
English: Gonorrhea — Rates: United States, 1941–2007 (Photo credit: Wikipedia)
Enhanced by Zemanta